Overview
What is Shelter America Group?
Shelter America Group is a nonprofit organization based in Vashon, Washington, with a focus on providing affordable housing. Through investments in limited partnerships, they develop, construct, rehabilitate, and own over 2,000 units of low-income housing, catering to the needs of very low-income families and senior citizens in Washington, Oregon, Arizona, and Colorado. Their mission is deeply committed to enhancing the living conditions of these communities, striving to create a more inclusive and equitable housing landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Shelter America Group has received an overall score of 86%, reflecting a strong performance primarily in Accountability & Finance, which constitutes 100% of its rating. This rating indicates that the organization maintains a robust financial management system and adheres to best practices in accountability.
The organization boasts a fully independent board, with 100% of its members meeting the independence criteria. Additionally, Shelter America Group excels in areas such as financial statement oversight, conflict of interest policies, and documentation of board meeting minutes, showcasing its commitment to transparency and ethical governance.
However, while the financial metrics appear strong, the summary does not provide detailed information on the organization's programmatic impact or effectiveness in its service delivery, which could be a consideration for potential donors looking to gauge broader operational performance.
This AI summary has been generated from information found on Charity Navigator.
Is Shelter America Group legitimate?
Shelter America Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shelter America Group submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Shelter America Group?
Shelter America Group is dedicated to addressing the housing needs of low-income families and senior citizens. Their mission involves developing, acquiring, constructing, and rehabilitating housing units, extending their efforts to homes for the aging as well. This work is carried out in various locations, including Washington, Oregon, Arizona, and Colorado. Through their investments in limited partnerships, Shelter America Group is responsible for developing, constructing, and owning over 2,000 units of affordable housing.
Who is the CEO of Shelter America Group?
Christopher Bric is the President of Shelter America Group.
What is the revenue of Shelter America Group?
Shelter America Group's revenue in 2022 was $741,071.
Who are the executives of Shelter America Group and what are their salaries?
There are 2 employees at Shelter America Group.
Here are 6 key members and their salaries:
- Compensation: $121,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Shelter America Group?
Shelter America Group's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shelter America Group
Shelter America Group, a notable organization, is committed to a mission that involves the development, acquisition, construction, rehabilitation, and operation of housing for low-income families and senior citizens in various states, including Washington, Oregon, Arizona, and Colorado. This mission is carried out through investments in limited partnerships, allowing Shelter America Group to play a significant role in providing suitable living spaces for these vulnerable populations. As a result of these efforts, the organization owns and manages over 2,000 units of low-income housing, contributing to the betterment of the communities it serves.
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Impact
July, 2024
Shelter America Group has significantly impacted communities in Washington, Oregon, Arizona, and Colorado by developing, acquiring, constructing, rehabilitating, and operating housing for very low-income families, senior citizens, and the aging population. Through its investments in limited partnerships, Shelter America Group has been instrumental in creating over 2,000 units of low-income housing, providing much-needed shelter and support for those in need. Their commitment to addressing the housing needs of vulnerable populations showcases a dedication to social responsibility and improving the quality of life for individuals across multiple states.
This information is meant to be a general summary of Shelter America Group. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46,416
- Program Service Revenue: $858,317
- Gross Receipts: $741,071
Assets and Liabilities:
- Total Assets: $9,559,471
- Total Liabilities: $3,613,322
- Net Assets: $5,946,149
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$664,664
ASSET MANAGEMENT FEES
Revenue
$161,754
MISCELLANEOUS
Revenue
$29,751
LEASE INCOME
Revenue
$2,148
Organization Details
Founding Year
1994
Phone
(206) 567-5540Principal Officer
Christopher Bric
Main Address
9620 SW BANK ROAD, VASHON, WA, 98070
NTEE Category
Code: L20 - Housing
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